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Contract PBGC01CT160016

Goldman Sachs Asset Management, L.P · Pension Benefit Guaranty Corporation · September 25, 2020

Firm Fixed PriceFull & Open CompetitionNAICS 523920

Goldman Sachs Asset Management, L.P was awarded a federal contract by Pension Benefit Guaranty Corporation on September 25, 2020 for $34.43 million (current value) of work in portfolio management. Performance is in Washington, DC. It was awarded under full and open competition. The contract has been modified 5 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on March 2, 2026. If all options are exercised, the contract could reach $34.43 million.

Current value
$34.43M
Modifications
5
Latest March 2, 2026

Contract details

PIID
PBGC01CT160016
Award type
Definitive Contract
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
523920 · Portfolio Management
Product / service
Support- Management: Financial
Place of performance
Washington, DC
First action
September 25, 2020
Latest action
March 2, 2026

Description

THE PURPOSE OF THIS MODIFICATION IS TO EXERCISE A SIX-MONTH EXTENSION OF THE CONTRACT.

Modification timeline

  • March 2, 2026
    Mod P00049 · Exercise An Option
    $34.43M
  • February 11, 2026
    Mod P00048 · Other Administrative Action
    DEOBLIGATE EXPIRED FUNDS
    $32.03M
  • December 17, 2025
    Mod P00047 · Funding Only Action
    THE PURPOSE OF THIS UNILATERAL MODIFICATION IS TO INCREMENTALLY FUND OPTION PERIOD 9 (CLIN 9008) IN THE AMOUNT OF 2,400,000.
    $34.15M
  • September 19, 2024
    Mod P00044 · Other Administrative Action
    THE PURPOSE OF THE MODIFICATION IS TO UPDATE THE COR ON THIS CONTRACT.
    $27.03M
  • September 6, 2024
    Mod P00043 · Funding Only Action
    THE PURPOSE OF THE MODIFICATION IS TO DE-OBLIGATE UNUSED FROM PREVIOUS YEARS PREVIOUSLY EXERCISED YEARS OF THE CONFORMED CONTRACT.
    $27.03M
  • September 25, 2020
    Mod P00025 · Other Administrative Action
    INVESTMENT MANAGEMENT SERVICES
    $14.17M
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Frequently asked questions

What is contract PBGC01CT160016?

Contract PBGC01CT160016 is a federal contract awarded to Goldman Sachs Asset Management, L.P by Pension Benefit Guaranty Corporation on September 25, 2020 for $34.43 million of work classified under PORTFOLIO MANAGEMENT. It has been modified 5 times since the base award.

Who won contract PBGC01CT160016?

Goldman Sachs Asset Management, L.P won contract PBGC01CT160016 from Pension Benefit Guaranty Corporation.

How much is contract PBGC01CT160016 worth?

Contract PBGC01CT160016 has obligated $0 to date but carries a potential ceiling of $34.43 million if fully funded and all options are exercised.